PHOENIX, Nov. 11, 2020 /PRNewswire/ — As allotment of its action to beforehand its Absolute Acreage Solutions Center and approaching business plans, absolute acreage tech innovator Offerpad, based in Phoenix, Arizona, announces the amplification of its Controlling Team.
David Connelly, ahead with Citigroup (NYSE: C), joins Offerpad as the company’s new Chief Advance Officer, and from Taylor Morrison Home Corporation (NYSE: TMHC), Ben Aronovitch has been assassin as its new Chief Acknowledged Officer. Connelly and Aronovitch accompany Offerpad’s aggregation of admiral who, together, accept decades of accumulated absolute acreage ability and acquaintance at companies such as American Express, Coupang, DoorDash, GoDaddy, Morgan Stanley and Pulte Homes, amid others.
“With the accession of David and Ben, we’ve fabricated the best absolute acreage aggregation in the apple alike better,” said Offerpad Founder and CEO Brian Bair. “Their all-encompassing ability and accomplished acquaintance will advice move Offerpad through the abutting agitative appearance of our advance and development. With these two avant-garde leaders on board, Offerpad will abide to acknowledge to and accommodate alike added new solutions to enhance the alteration exchange and accommodated all of our customers’ absolute acreage needs.”
Connelly now runs advance initiatives for the blooming absolute acreage tech company. His responsibilities accommodate ablution new acquirement channels, acceptable with basic markets opportunities and allowance to advance cardinal partnerships for the company.
Connelly is a 30-year Wall Street accounts adept with a ample accomplishments in banking, basic markets, and anchored income. At Citigroup he formed in all areas of specialty finance, as able-bodied as residential and bartering absolute acreage as a Managing Director in the all-embracing organization’s North American Solutions Department. Before Citigroup, Connelly spent 25 years at Bear Stearns in Chicago as a Senior Managing Director in the firm’s institutional Anchored Assets Administration area his responsibilities included alpha and administration of all mortgage products, including high-grade and high-yield residential mortgage-backed balance (RMBS), bartering mortgage-backed balance (CMBS) and asset-backed balance (ABS), and a abounding ambit of structured products.
“Offerpad is in a abundant position to do absurd things in the months and years to come,” said Connelly. “I’m blessed to accompany such an adroit and adamant controlling team, and I attending advanced to architecture out new and agitative business channels for the aggregation that will account the consumer.”
As Offerpad’s new CLO, Aronovitch will advance the company’s legal, acquiescence and accident administration functions. In his new position Aronovitch will draw from antecedent high-level acquaintance as a acclimatized accumulated and transactional practitioner to advice barrage cardinal initiatives in band with the company’s development outlook.
At Taylor Morrison, he captivated the position of Vice President & Deputy General Counsel back 2013. Key duties for Aronovitch included M&A and costs transactions; cogent absolute acreage portfolio affairs and collective ventures; accumulated governance; accessible aggregation reporting; and the company’s ESG program.
Before Taylor Morrison, Aronovitch was a accumulated advocate at Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York area he helped advance the aggregation that conducted Taylor Morrison’s 2013 antecedent accessible alms on the New York Stock Exchange. Prior to Paul, Weiss, he accomplished in the accumulated administration at Cravath, Swaine & Moore LLP in both their New York and London offices.
“Offerpad is a strategy-driven and forward-thinking company. I’m admiring to be advancing on lath at such a cardinal moment in the company’s development. With an already arch controlling team, I attending advanced to accidental to its eyes and advanced progress,” said Aronovitch.
About Offerpad Offerpad is a arch technology and absolute acreage solutions provider with a mission to action the best way to buy and advertise a home. With immediate absolute acreage acquaintance and utilizing able proprietary technology, the aggregation provides several consumer-focused options including burning banknote offers and above home advertisement services. Offerpad is a abreast captivated aggregation headquartered in Chandler, Arizona, operating beyond the country in added than 830 cities and towns. Visit Offerpad.com for added information.
CONTACT: David Stephan, [email protected]
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